๐$ETH Latest Analysis: Holding Strong!
Disclaimer: This is not financial advice. DYOR.
๐ Quick View:
ETH is showing good resilience! We are currently consolidation near a key support level, suggesting a potential spring for the next leg up.
๐ Key Levels to Watch:
Support: Look out for the crucial support zone around $\text{2200 - $2250}$. Holding this is vital for bullish momentum.
Resistance: The immediate resistance is near $\text{2400}$. A clean break above this could quickly lead us towards $\text{2500}$ and higher.
๐ What's Next?
If ETH successfully defends the main support, the path to retesting the $\text{2400}$ resistance is clear. Keep an eye on the volume; a high-volume breakout will confirm the bullish move.
Trading Tip: Wait for confirmation above resistance or a strong bounce off support before making a move
